Bill containing incentives for Brunswick County project defeated - wistv.com - Columbia, South Carolina |

Bill containing incentives for Brunswick County project defeated in NC House

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Republicans broke from leadership Tuesday to defeat a bill containing incentives for economic development Republicans broke from leadership Tuesday to defeat a bill containing incentives for economic development
RALEIGH, NC (WECT/AP) -

A bill containing economic incentives and guidelines for sales and use taxes went down to defeat on the state House floor on Tuesday afternoon, when a group of Republicans broke from leadership and voted against the measure.

More than two dozen GOP members joined with Democrats to defeat the bill 47-54, despite backing for the measure from Gov. Pat McCrory, Speaker Thom Tillis and Senate leader Phil Berger.

The multi-part bill included county sales taxes, tax benefits for a Haywood County paper mill, expanded tax breaks for new businesses and a proposed $20 million fund to lure manufacturers with upfront cash.

The bill included language giving Commerce Secretary Sharon Decker the authority to use the $20 million in the Job Catalyst Fund "for projects that result in the creation of jobs".

Jim Bradshaw, the Executive Director of the Brunswick County Economic Development Commission, confirmed that Brunswick County is one of three communities that the Job Catalyst Fund would benefit.

While not commenting on a specific project which would benefit from the incentives, Bradshaw said that it is one of 11 projects the commission is currently working on.

Rep. Frank Iler (R-Brunswick) said he was unsure Tuesday afternoon whether the Job Catalyst Fund language would be inserted into another bill before the "short session" adjourns.  

Copyright 2014 WECT. The Associated Press contributed material to this report.

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